# PPP loan: PRINCIPLED DYNAMICS, INC.
> **$1.38M** approved 04/07/2020 · Paid in Full · Loan `7339137010`
## Borrower
- **Name:** PRINCIPLED DYNAMICS, INC.
- **Address:** 6920 HALL ST, HOLLAND, OH, 43528-9269
- **NAICS:** 424210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $62K
- **Utilities:** $47K
- **Jobs reported:** 139
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*